Global Automotive Speed Encoder Market Growth 2019-2024

Encoders are sensors that generate digital signals in response to movement, it has characteristics such as high-precision, large range measurement, fast response, digitized output; it is small size, light weight, compact, easy to install, simple to maintain, work reliably.

According to the measurement method, there are three types: linear encoders, angular encoders, rotary encoders, encoder used in the automobile industry for measuring wheel speed is rotary encoder.

At present in the foreign industrial developed countries, the automotive speed encoder industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the United States, Europe, Japan, etc. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position. But foreign companies’ manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is a competitive disadvantage, as the Chinese automotive speed encoder production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase .
In Chinese market, the market share of high-end and middle-end product is controlled by foreign companies, Chinese manufacturers currently can only compete in the low-end product level with low price marketing strategy. We expect that the situation will not change in short future.

According to this study, over the next five years the Automotive Speed Encoder market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Speed Encoder business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Speed Encoder market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive Speed Encoder value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Type I
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Car
Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
NTN-SNR
Freudenberg-NOK
Dynapar
Renishaw
TE Connectivity Ltd
Hutchinson
LENORD+BAUER
AMS
Baumer Hübner
Timken
ADMOTEC
Allegro MicroSystems
VS Sensorik GmbH
Doway Tech
Ha Nan Ye
EBI
Unionstar Electronics
Haining Zhongteng
Xinyak Sensor

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Speed Encoder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Speed Encoder market by identifying its various subsegments.
Focuses on the key global Automotive Speed Encoder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Speed Encoder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Speed Encoder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.